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John is an attorney participating in jury selection for a trial for his client. He does not like the race of one of the potential jurors. John can
Variable Expenses
Costs that change in proportion to the level of production or sales activities of a business.
Fixed Expenses
Costs that do not change with the level of production or sales over a short period, such as rent, salaries, and insurance.
Net Operating Income
Income before interest and income taxes have been deducted.
Drop Product
A strategy or decision by a company to discontinue the production, sale, or support of a product line or item.
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